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Thursday, March 27, 2014

SoCal Investors Score With Klout Acquisition

A number of Southern California angel investors, and one of its venture firms, have scored an exit over at social media influence measurement startup Klout, as the San Francsco company said Thursday that it is being acquired by Lithium Technologies. The deal is reportedly worth $200M. Klout's investors include Silicon Beach angel investor Paige Craig; San Diego angel investor Howard Lindzon; Tom McInerney, a regular investor in Silicon Beach startups; and Greycroft Partners, which has a big presence in Southern California.